$445,000
●
House -
Off Market
TBD County Road 464
Elgin, TX
Studio
0 Bath
$2,188
Est. Monthly
About This Property
Ready to build your dream home on a 17.25 +/- Acre Retreat? Come
build your dream home nestled among towering trees! The newly
installed rock driveway makes accessing the property easy while
also leaving the majority of the land untouched creating peace and
privacy, a blank slate for your country living dreams. Located just
8 miles from Historic Downtown Elgin, 36 miles from ABIA, 30 miles
from TESLA, and 16 miles from SAMSUNG in Taylor. This property is
in a great central location! Far enough away to listen to the wind
whistle through the leaves and yet close enough to daily
essentials. Own a piece of the beautiful, booming Williamson County
land. Buyer to verify utilities and schools.
Unit Size
-
Days on Market
-
Land Size
17.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$2
HOA Dues
-
Year Built
-
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Unlock MLS #ACT9718214)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2024 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | Listed by Rainey Real Estate | $445,000 | |
| Listed by Rainey Real Estate | |||
Property Highlights
Exterior Details
Property Type: Farm
Property Sub Type: Ranch
Green Energy Efficient
View Desription: Trees/Woods
Fencing: Barbed Wire, Perimeter
Lot Features: Gentle Sloping, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 17.295
Lot Size Square Feet: 753370.2
Water Source: None
Financial Details
Tax Year: 2022
Tax Annual Amount: $28
Utilities Details
Water Source: None
Sewer : Septic Needed
Utilities For Property: Above Ground, Electricity Available, Water Available
Location Details
Directions: From Lexington head west on CR 696, right on FM 619, left on CR 490, left on CR 467, immediate right on CR 484, right on CR 464, property will be on your right.
Community Features: See Remarks
Other Details
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Lexy Graham
Listed Office: Rainey Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 925-5819
Last Updated: 2024-07-15 18:24:57
Data Source: Unlock MLS, MLS# ACT9718214
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Rainey Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 925-5819
Last Updated: 2024-07-15 18:24:57
Data Source: Unlock MLS, MLS# ACT9718214
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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